ANZ Truckometer is a set of two economic indicators derived using traffic volume data from around New Zealand. ANZ use traffic flows in this indicator as a proxy for economic growth.

Heavy traffic index +2.4% m/m

  • prior -4.2%

Light index -0.3% m/m

ANZ comments on the data:

  • ' a very weak' signal for Q3 economic growth
  • signalling growth to continue to trend lower, although still modest positive growth

NZD is barely altered.